Gold - what should I buy?

[MonkeysUncle]

Hi Guys 

I've been stacking silver for years, but since Brexit and no VAT free way of legally acquiring I've stopped (apart from a kilo Queens Beast which I couldn't resist).

I now have some money burning a hole, so thinking a few ounces of gold. What gold though? Thinking Krugers (as everybody knows what they are so are easily sellable), I do like the Maple - it looks real pretty, also thinking Queens Beast as coin collectors might drive prices up down the line? Or should I go Sovs?

CGT isn't a consideration as far as I'm concerned, running rings around HMRC is a specialist subject of mine!

So what shiny stuff would you steer a gold newbie to?

Thanks in advance!

Edited July 20, 2021 by MonkeysUncle

[kimchi]

Sovs if you don't plan on adding to your stack much in future or are not sure at the moment. if you go on the run internationally they are pretty much as good as Krugs If you want a couple of ounces Brits are a nice gold coin imo compared to some, some people like ASEs etc, I like Somali Elephants but not sure what the premium is like. Yes you can take a punt on the extra premium for e.g available Beasts (I like the Completer myself and that's out now, but so do many others, not sure what else apart from the Greyhound I've just seen - not the most popular Beast so may actually be one of the better bets in the future).

We have a resident HMRC* Inspector on the forum, @HerefordBullyun I'd like to see you try to run round his ring!

 

 

 

* Her Majesty's Rectal Cavity

Edited July 20, 2021 by kimchi

[Mikew140]

13 minutes ago, MonkeysUncle said:

Hi Guys 

I've been stacking silver for years, but since Brexit and no VAT free way of legally acquiring I've stopped (apart from a kilo Queens Beast which I couldn't resist).

I now have some money burning a hole, so thinking a few ounces of gold. What gold though? Thinking Krugers (as everybody knows what they are so are easily sellable), I do like the Maple - it looks real pretty, also thinking Queens Beast as coin collectors might drive prices up down the line? Or should I go Sovs?

CGT isn't a consideration as far as I'm concerned, running rings around HMRC is a specialist subject of mine!

So what shiny stuff would you steer a gold newbie to?

Thanks in advance!

Am new to stacking myself only started January I started off with a few 1/4 oz Britannia’s (ended up with 4 so had an oz )  these are nice coins but premiums are a lot

i also bought a few sovereigns which I’ll now likely stack mainly but I will buy 1oz gold coins as I do like them acquired a Britannia and a buffalo up to now lovely coins. 

[HerefordBullyun]

18 minutes ago, kimchi said:

Sovs if you don't plan on adding to your stack much in future or are not sure at the moment. if you go on the run internationally they are pretty much as good as Krugs If you want a couple of ounces Brits are a nice gold coin imo compared to some, some like ASEs etc, I like Somali Elephants but not sure what the premium is like. Yes you can take a punt on the extra premium for e.g available Beasts (I like the Completer myself and that's out now, but so do many others, not sure what else apart from the Greyhound I've just seen - not the most popular Beast so may actually be one of the better bets in the future).

We have a resident HMRC* Inspector on the forum, @HerefordBullyun I'd like to see you try to run round his ring!

 

 

 

* Her Majesty's Rectal Cavity

OI @kimchi my dirty balloonknot /1970s tea towel holder nor anyones that I am inspecting is my business! My business and clients is purely confidential. But to promote more business ive adopted this song. It normally play it when I take clients out for business lunch down the star of India. Complimentary tube of pile cream included post meal on payment of 25 oz of Silver or 2 sovs!

 

 

Edited July 20, 2021 by HerefordBullyun

[kimchi]

17 minutes ago, HerefordBullyun said:

OI @kimchi my dirty balloonknot /1970s tea towel holder nor anyones that I am inspecting is my business! My business and clients is purely confidential. But to promote more business ive adopted this song. It normally play it when I take clients out for business lunch down the star of India. Complimentary tube of pile cream included post meal on payment of 25 oz of Silver or 2 sovs!

My piles have piles now, my GP has said they now count as a separate patient and appointments have to be made separately

By the way mate, I've been clearing some very old family stuff out the house and have found a few 'interesting items'. Keep an eye out for my threads if you want to lay your hands on e.g. some vintage peak Floyd era prophylactics etc

[kimchi]

Sorry for going off-topic @MonkeysUncle

Hope you get some more advice, good luck and please let us know how you get on!

[dicker]

Personally I would go Sovereigns - portable, easily disposed of, easy to source and if you enjoy the numismatic as well as the stacking element of PM's

Sovs always priced not too far way from the spot price.

Best

Dicker 

[Mcgrimes]

Sovereigns - low premium buying and typically higher sale values (low spread)

[greendragon]

sovereigns = unfortunately

don't get me wrong, i DO love them, for all the obvious reasons

i just wish ALL gold carried the SAME premium

so i didn't have to have the vanilla option my head keeps telling my heart to buy 

[Foster88]

I would also recommend sovereigns.

If I was looking to buy a 1oz gold coin now it would definitely be the Queen’s Beasts Completer.

But Sovereigns are good for all the reasons mentioned above.

[SilverStorm]

Buy the gold that is popular in your country.  So for UK, that would be Sovereigns and Brittanias.   My personal recommendation would be Brittanias, you can’t go wrong with 9999 purity.  

Another coin to consider: 1oz gold maple leaf.  9999 fine and has multiple security features.  
 

 

[StackemHigh]

Sovs are always a favorite but the Perth Mint has some great designs in the lunar I, II, III ranges, kooks and kangaroos. China mint has some great panda coins, Canadian maples and American Buffalo or gold eagles. 

The Perth Mint stuff along with the Pandas are a bit more collectable though the others are for the stackers.

[KevinFlynn]

As everyone said, buy what you can sell where you live, or where you intend to live when selling.

It also depends on why you stack - in an apocalyptic scenario you should have locally known and trusted coins, like trade coins, Sovereigns in your case. If you're stacking as a hedge against inflation or to solidify your portfolio you can never go wrong with the big five: Britannia, Eagle, Maple, Krugerrand, Philharmoniker, which should deliver a consistent buy/sell ratio everywhere.

[Hunter87]

15 hours ago, KevinFlynn said:

As everyone said, buy what you can sell where you live, or where you intend to live when selling.

It also depends on why you stack - in an apocalyptic scenario you should have locally known and trusted coins, like trade coins, Sovereigns in your case. If you're stacking as a hedge against inflation or to solidify your portfolio you can never go wrong with the big five: Britannia, Eagle, Maple, Krugerrand, Philharmoniker, which should deliver a consistent buy/sell ratio everywhere.

“Apocalyptic scenario” yeah like when your partner finds out how much you have actually been spending on gold! 

[SilverStorm]

20 hours ago, KevinFlynn said:

As everyone said, buy what you can sell where you live, or where you intend to live when selling.

It also depends on why you stack - in an apocalyptic scenario you should have locally known and trusted coins, like trade coins, Sovereigns in your case. If you're stacking as a hedge against inflation or to solidify your portfolio you can never go wrong with the big five: Britannia, Eagle, Maple, Krugerrand, Philharmoniker, which should deliver a consistent buy/sell ratio everywhere.

Agree except for one minor detail.  Everyone uses the word "apocalypse" too loosely.  In a true apocalypse (pick your version of end of all life on earth scenario), stacking gold and silver will be useless - you, me, and everyone else won't be alive to use it.   The better terminology to use would be "SHTF".   At least that encompasses everything that is not end of the world as we know it.   IMHO, a minor quibble in semantics, but an important distinction nonetheless.  😆

Edited July 24, 2021 by SilverStorm

[Minimalist]

On 20/07/2021 at 22:11, MonkeysUncle said:

So what shiny stuff would you steer a gold newbie to?

I would say sovereigns or bullion because almost all of humanity, or also known as the "slavery", dont know or want to know the true extent of bankers creating, supporting and covering up the greatest theft of time. The slaves dont know where to go, what to do or understand how to deal with their situation, and the government is continuing to sell them, their homes, their life savings, their future and their childrens future and their hopes to Global Banks.

Edited July 24, 2021 by Minimalist

[Jvw]

On 20/07/2021 at 23:11, MonkeysUncle said:

Hi Guys 

I've been stacking silver for years, but since Brexit and no VAT free way of legally acquiring I've stopped (apart from a kilo Queens Beast which I couldn't resist).

I now have some money burning a hole, so thinking a few ounces of gold. What gold though? Thinking Krugers (as everybody knows what they are so are easily sellable), I do like the Maple - it looks real pretty, also thinking Queens Beast as coin collectors might drive prices up down the line? Or should I go Sovs?

CGT isn't a consideration as far as I'm concerned, running rings around HMRC is a specialist subject of mine!

So what shiny stuff would you steer a gold newbie to?

Thanks in advance!

Def Sovs, there is so much to learn about them. Tons of books and info on them. And best of all, the sovereigns can be bought fairly cheap with low premiums like @dicker already posted. In other words: You can collect and stack them for many many many years to come. And they are easy to sell.

I also collect dutch gold guilders for the reasons @KevinFlynn mentioned. 

And I just like the design of guilders and sovs and their smooth shiny glow.  

[jultorsk]

Target low-premium, highly liquid coins. To add to other posters points, there's a helpful tool on this forum that you can access with membership - it allows you to compare premiums of various dealers in UK / USA.

E.g., in USA 1oz Maples and 1oz Phillies seem to have the lowest premiums at the moment. 👍

 

[RDHC]

On 24/07/2021 at 12:23, Hunter87 said:

“Apocalyptic scenario” yeah like when your partner finds out how much you have actually been spending on gold! 

Love this. Reminds me of a somewhat similar remark on a gun forum that I have been known to frequent: 'if I die, I've instructed a friend not to allow my wife to sell all my shotguns for the prices that I told her I paid for them.' 

[Robda1986]

Shop around is my advice 

[Excalibur1966]

The Vienna Philharmonic (Austria) or Vreneli (Switzerland). Such beautiful coins. And both established.

[MonkeysUncle]

Thanks for all the advice guys.

You all said coins. I'd been fancying a bar, but then with the price of gold as is I'd have afforded a puny little thing. Just wouldn't cut it for a man with dreams of a car boot full of the stuff ala Michael Caine in the Italian job. That will have to remain a dream unless fast car, shotgun and stockings come into play!

So after much sitting on hands I bought some Sovs. Dinky little things aren't they! Appetite whetted they have been joined by one of Her Maj's beasts (and I don't mean Prince Snowflake of Sussex). Well 10 beasts actually, the Completer coin is very nice, even if I do need a magnifying glass to appreciate the detail in it's full splendour. 

A Britannia next I think when the piggy bank is able to oblige...

[pricha]

On 24/07/2021 at 12:23, Hunter87 said:

“Apocalyptic scenario” yeah like when your partner finds out how much you have actually been spending on gold! 

I never quite understand why blokes feel gold is a guilty hobby the wife shouldn't know about.  Ask yourself how much will your gold be worth in 10/20 years time , compared to all the endless shoes, handbags ,  dresses , cheap jewelry and all the other junk they buy over the years  😆 Pride yourself on a shewed way of preserving your wealth . 

[CollectorNo1]

I agree with the above..sovs all the time..GIII GIV and all Victorian (early) dates my fav..have a look..there's alot to choose from..

Regards.

[sixgun]

You in the UK? Looks like it.
Answer:
Sovereigns, half sovereigns.
Next question.